2-bed · 1,296 sqftBellevue Tower 1, Downtown Dubai · 15th floor · completed 2020

1503, Bellevue Tower 1

Sold prices and rental history: sold twice, last in January 2024, and rented once, from August 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1503 · DLD and Ejari recordsUpdated 22 January 2024
Last soldAED 2.2M22 January 2024
Current rentAED 180K /yr17 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1503, Bellevue Tower 1

What is 1503 worth today?

Last sold for AED 2,200,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

22 Jan 2024SoldReady
AED 2,200,000AED 1,697 per sqft
17 Aug 2023RentedNew contract
AED 180,000/yr12 months · AED 139 per sqft
7 Oct 2018Sold by developerOff-plan
AED 2,366,000AED 1,825 per sqft

Source: Dubai Land Department. Updated 22 January 2024.

Key facts

Type
2-bed apartment
Size
1,296 sqft
Floor
15th of 23
Parking
P1-57
Developer
Central Dubai Projects
Completed
2020
Service charge
AED 30,800 /yr
Last sold
AED 2.2M · January 2024

About 1503, Bellevue Tower 1

1503 is a two-bedroom apartment of 1,296 sqft on the 15th floor of Bellevue Tower 1, a 23-storey tower in Downtown Dubai completed in 2020 by Central Dubai Projects. It last sold on 22 January 2024 for AED 2,200,000, or AED 1,697 per sqft, 12% below the AED 1,931 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 17 August 2023. The current contract, signed on 17 August 2023, is AED 180,000 a year: a gross yield of 8.2% on the 2024 price, before the service charge of about AED 30,800 a year.

Sales and rents for 1503 over time

Sales
Unit 1503, each saleTypical two-bed in Bellevue Tower 1
2.5M2018202120242027Typical sale price by year: 2018 AED 2,364,000; 2019 AED 2,297,000; 2020 AED 2,254,000; 2021 AED 2,257,000; 2022 AED 2,420,000; 2023 AED 2,485,000; 2024 AED 2,550,000; 2025 AED 2,775,000; 2026 AED 2,200,000Sold by developer, October 2018: AED 2,366,000 (AED 1,825 per sqft)Sold, January 2024: AED 2,200,000 (AED 1,697 per sqft)

1503 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1503, each contractTypical two-bed in Bellevue Tower 1
125K150K175K2021202320252027Typical rent by year: 2021 AED 125,000; 2022 AED 125,373; 2023 AED 140,000; 2024 AED 155,000; 2025 AED 175,000; 2026 AED 150,000New contract, August 2023: AED 180,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Bellevue Tower 1, and where 1503 sits

All 104 2-beds →

1503 last sold in January 2024 at AED 1,697 per sqft, 12% below what two-beds in Bellevue Tower 1 were fetching at the time (AED 1,931). Over the last 12 months two-beds sold for AED 1,000,000 to 2,875,000, around AED 2,138 per sqft, and rent for AED 70,000 to 210,000 a year. 1503's AED 180,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
28 Oct 20262,325,000
18 Jun 20262,200,000
13 Apr 20261,000,000
24 Nov 20252,875,000
6 2-bed sales in the last 12 months

Bellevue Tower 1

Building

218 apartments, 1-bed to 3-bed over 23 floors in Downtown Dubai, completed in 2020 by Central Dubai Projects. 17 sold in the last 12 months.

Typical price per sqft
AED 1,808 Down 16.6%
Typical sale
AED 2.2M
Typical rent
AED 130K /yr
Typical yield
6.8%
Bellevue Tower 1, Downtown Dubai: prices, sales and rents →

Other units on the 15th floor

All 218 units in Bellevue Tower 1
Value
15013-bedAED 3.58M · Feb 2024
15022-bedAED 2.5M · Jul 2022
15042-bedAED 2.35M · Jan 2020
15052-bedAED 2.36M · Sep 2018
15071-bedAED 1.44M · Sep 2018
15081-bedAED 1.44M · Sep 2018
15091-bedAED 1.46M · Sep 2018
1–7 of 9

1503, Bellevue Tower 1 in numbers

  • Sold twice: first on 7 October 2018 for AED 2,366,000, last on 22 January 2024 for AED 2,200,000 (AED 1,697 per sqft).
  • Rented since August 2023 on one Ejari contract, at AED 180,000 a year.
  • At AED 180,000 a year the gross yield on the 2024 price is 8.2%, before a service charge of about AED 30,800 a year (AED 23.74 per sqft).
  • Two-beds in Bellevue Tower 1 sold for AED 1,000,000–2,875,000 in the 12 months to November 2026; the building's median across all types is AED 1,808 per sqft.

Source: Dubai Land Department. Updated 22 January 2024.

Questions about 1503, Bellevue Tower 1

What did unit 1503 last sell for?

AED 2,200,000 on 22 January 2024: AED 1,697 per sqft for 1,296 sqft. The unit has 2 registered sales; the first was AED 2,366,000 in October 2018.

What is the rent for unit 1503?

AED 180,000 a year on the contract signed on 17 August 2023.

How big is unit 1503?

1,296 sqft (120.4 sqm): a two-bedroom apartment on the 15th floor of a 23-storey tower completed in 2020.

What is unit 1503 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Bellevue Tower 1 sold for AED 1,000,000 to 2,875,000 in the last 12 months, around AED 2,138 per sqft.

Selling 1503? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1503, Bellevue Tower 1

Starts from the last sale price (AED 2.2M, 22 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →